Ho Chi Minh City is ranked among the top markets in the land price category for data centre development, experts said.
Many banks reported negative results in securities trading and investment in 2022 due to the interest rate hike, the exchange rate uncertainty, the sharp decline of stock indices and the ‘freezing’ of the corporate bond market, cafef.vn reported.
A number of large manufacturers slashed car prices early this year, signaling fierce competition in the Vietnamese auto market.
Although significant challenges remain for the economic and investment environment in Vietnam, there are still opportunities for investors to increase profits through investment channels if they know how to restructure their portfolio, experts have said.
A record number of 10 Vietnamese runners will join 30,000 international athletes, including world record-holder Eliud Kipchoge, at the 2023 Boston Marathon, the world's oldest annual marathon event.
Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in improving operational efficiency and accelerating the banking sector's restructuring.
Vietnam National Petroleum Group (Petrolimex) just approved the resolution of the Board of Directors on a plan to disinvest in Petrolimex Group Commercial Joint Stock Bank (PG Bank).
The profits of Vietnamese textile and garment enterprises were diverse in the fourth quarter, with many big names posting great losses.
The modern e-wallet market in Vietnam is surging and is expected to reach 50 million active users by July 2024, experts said.
The prospect of economic growth and market upgradation is the driving force to attract cash flow into the stock market.